Ireland needs €17bn to plug the gap between what the State will fund and a housing need for around 50,000 homes a year
The average cost of delivering a new apartment in Dublin in 2022 was €496,000. The cost of building a three-bed semi-detached house was €359,000. Photo: Getty
New housing report, same old solution – bend Ireland Inc into whatever shape is required to catch the eye of international investors who’ll throw a new pot of cash at the problem.
A new report from the Department of Finance has concluded that Ireland needs the guts of €17bn, mostly from external investors, to plug the gap between what the State will fund and a housing need for around 50,000 homes a year.